Just a couple of days ago on March 5th, Chris Christie signed the bill that allows New Jersey to authorize online gambling at the Atlantic City casinos; it seems the casinos will be implementing this new bill within the next 18 months and gamblers will need to open up a virtual account to be able to bet online.

New Jersey is the third state in the United States to legalize internet gambling, the other two states where online gambling is legal are: Nevada and Delaware, but these activities will not be taking place until late September 2013.

The main idea to allow online gambling at the New Jersey casinos is to help many casinos that have been financially struggling by attracting new gamblers.

On the other hand, gaming and mobile gaming stocks have been trending upwards from the very moment online gambling became legal in New Jersey. Other states that are still waiting on the same approval are: California, Hawaii, Massachusetts, and Iowa.

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